I m glad to take an opportunity to initiate the group discussion.
Today our discussion topic is "demonetisation has reduced the corruption, black money and terrorism".
It is a current relevant topic.
As per my opinion, the concept of demonetisation is very good for reducing corruption, black money and terrorism because whole money which is in form of old notes is present with each terrorist but as demonetisation occur he/her failure to do any activity.
But if we discuss in respect of Indian demonetisation it is failed because of.
1. Improper planning - there is no planning for travellers, weddings and small-scale industries perspective.
2. RBI does not include in the planning stage.
3. Improper implementation.
4. Lack of infrastructure of updated atm in the whole country.
5. Due to done currency exchange by many bank officers.
But there are some advantages also seen by demonetisation.
1. Digitisation capture high-speed growth.
2. India is being ready for the cashless economy.
Today our discussion topic is "demonetisation has reduced the corruption, black money and terrorism".
It is a current relevant topic.
As per my opinion, the concept of demonetisation is very good for reducing corruption, black money and terrorism because whole money which is in form of old notes is present with each terrorist but as demonetisation occur he/her failure to do any activity.
But if we discuss in respect of Indian demonetisation it is failed because of.
1. Improper planning - there is no planning for travellers, weddings and small-scale industries perspective.
2. RBI does not include in the planning stage.
3. Improper implementation.
4. Lack of infrastructure of updated atm in the whole country.
5. Due to done currency exchange by many bank officers.
But there are some advantages also seen by demonetisation.
1. Digitisation capture high-speed growth.
2. India is being ready for the cashless economy.
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